Freihaut.Reins - Revision history

Graham at 21:37, 25 January 2026

2026-01-25T21:37:31Z

Graham at 21:36, 25 January 2026

2026-01-25T21:36:01Z

Graham at 21:35, 25 January 2026

2026-01-25T21:35:04Z

Graham: /* Pop Quiz */

2025-11-26T20:30:55Z

‎Pop Quiz

Graham at 18:15, 25 November 2025

2025-11-25T18:15:44Z

Graham at 18:15, 25 November 2025

2025-11-25T18:15:18Z

Graham: /* BattleTable */

2025-02-20T14:03:00Z

‎BattleTable

Graham: /* BattleTable */

2025-02-20T14:02:00Z

‎BattleTable

Graham: /* BattleTable */

2025-02-20T14:01:38Z

‎BattleTable

Graham at 22:18, 27 November 2024

2024-11-27T22:18:34Z

@@ Line 337: / Line 337: @@
 :: <span style="color: red;">'''Comm'''</span>utation clause
-See details in mini BattleQuiz. <span style="color: red;">'''Note that the source text contains a contradiction:'''</span> Friehaut says that ceding commission should be '''excluded''' from a risk transfer analysis, but the example in Appendix A '''includes''' ceding commission. Since the CAS syllabus states that Appendix A is for informational purposes only ''(I guess that means you don't have to study it?)'' You should assume that ceding commissions are indeed '''excluded''' from premiums in a risk transfer analysis. <span style="color: red;">''(shout-out to forum-user <u>RISQ</u> for noticing this! See [https://www.battleacts6us.ca/vanillaforum6us/discussion/33/common-pitfalls-gross-premium#latest forum thread].)''</span>
+See details in mini BattleQuiz. <span style="color: red;">'''Note that the source text contains a contradiction:'''</span> Friehaut says that ceding commission should be '''excluded''' from a risk transfer analysis, but the example in Appendix A '''includes''' ceding commission. Since the CAS syllabus states that Appendix A is for informational purposes only ''(I guess that means you don't have to study it?)'' You should assume that ceding commissions are indeed '''excluded''' from premiums in a risk transfer analysis. <span style="color: red;">''(shout-out to forum-user <u>RISQ</u> for noticing this! See [https://battleacts.discourse.group/t/common-pitfalls-gross-premium/2460 forum thread].)''</span>
 [https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=Freihaut&suffix=Reins&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=5<span style="font-size: 20px; background-color: aqua; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''mini BattleQuiz 5]'''</span>

@@ Line 133: / Line 133: @@
 : <span style="color: red;><sup>'''1'''</sup></span> The answers to part (c) & (d) in the examiner's report are wrong. Most of the advantages listed for the ERD method over the 10-10 rule are not valid. It lists advantages of the ERD method as being able to incorporate discounting, modeled loss distributions, simulation, and variation or parameters, but these items can also be incorporated into the 10-10 rule. ''(See the 10-10 rule practice template )'' The larger issue is that there is no explicitly defined procedure underlying application of either method.
-: <span style="color: red;><sup>'''2'''</sup></span> This is a defective question. An explanation is given in this ''[https://www.battleacts6us.ca/vanillaforum6us/discussion/91/fall-2018-q25 brief forum discussion]''
+: <span style="color: red;><sup>'''2'''</sup></span> This is a defective question. An explanation is given in this ''[https://battleacts.discourse.group/t/fall-2018-q25/2518 brief forum discussion]''
 : <span style="color: red;><sup>'''3'''</sup></span> The ERD calculation for part (a)(ii) shown in the examiner's has a typo. The calculation shows:
 ::* 0.23 / (5 <span style="color: red;">'''&ndash;'''</span> 5/1.05<sup>2</sup>)

@@ Line 145: / Line 145: @@
 [https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=Freihaut&suffix=Reins&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=all<span style="font-size: 20px; background-color: lightgreen; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''Full BattleQuiz]'''</span> <span style="color: red;">'''You must be <u>logged in</u> or this will not work.'''</span>
-&nbsp;&nbsp;[https://www.battleacts6us.ca/vanillaforum6us/categories/freihaut-reins<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
+&nbsp;&nbsp;[https://battleacts.discourse.group/c/candidates-6u/freihaut-reins/182<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
 ==In Plain English!==

@@ Line 22: / Line 22: @@
 ==Pop Quiz==
-[https://battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=Freihaut&suffix=Reins&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=7<span style="font-size: 20px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Multiple Choice (mini BattleQuiz 7)]'''</span>&nbsp;&larr; for general review of topic
+[https://battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=Freihaut&suffix=Reins&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=1<span style="font-size: 20px; background-color: yellow; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Multiple Choice (1st Battle Card in mini BattleQuiz 1)]'''</span>&nbsp;&larr; for general review of topic
 ==Study Tips==

← Older revision		Revision as of 18:15, 25 November 2025
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	'''Author''': Freihaut, D. and Vendetti, P.		'''Author''': Freihaut, D. and Vendetti, P.
−
−	[https://www.battleacts6us.ca/vanillaforum6us/categories/freihaut-reins<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]

	[https://battleacts.discourse.group/c/candidates-6u/freihaut-reins/182<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]		[https://battleacts.discourse.group/c/candidates-6u/freihaut-reins/182<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]

← Older revision		Revision as of 18:15, 25 November 2025
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	[https://www.battleacts6us.ca/vanillaforum6us/categories/freihaut-reins<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]		[https://www.battleacts6us.ca/vanillaforum6us/categories/freihaut-reins<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
		+
		+	[https://battleacts.discourse.group/c/candidates-6u/freihaut-reins/182<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
		+	[https://www.battleacts6us.ca/vanillaforum6us/categories/freihaut-reins ''   (Or click here for Legacy Forum – no longer monitored)''</span>]

	<span style="display: inline-block; background-color: blue; color: white; font-weight: bold; text-align: center; line-height: 50px; width: 50px; height: 50px; border-radius: 50%;">VIDEO</span> → [https://battleacts6us.ca/video/120_Risk_Transfer_General_(v01).mp4 <span style="color: black; font-size: 12px; background-color: aqua; border: solid; border-width: 2px; border-radius: 10px; border-color: aqua; padding: 5px 10px 5px 10px; margin-top: 100px;">'''(10:00) → Risk Transfer - General Overview'''</span>]		<span style="display: inline-block; background-color: blue; color: white; font-weight: bold; text-align: center; line-height: 50px; width: 50px; height: 50px; border-radius: 50%;">VIDEO</span> → [https://battleacts6us.ca/video/120_Risk_Transfer_General_(v01).mp4 <span style="color: black; font-size: 12px; background-color: aqua; border: solid; border-width: 2px; border-radius: 10px; border-color: aqua; padding: 5px 10px 5px 10px; margin-top: 100px;">'''(10:00) → Risk Transfer - General Overview'''</span>]

@@ Line 140: / Line 140: @@
 :: ''(Note that the final answer of 2.34% is correct however.)''
-: <span style="color: red;><sup>'''4'''</sup></span> The commission structure for Contract #1 is missing something. If the loss ratio exceeds 71%, then the commission should be 19%, but this doesn't affect the answer since the answer to part (a) doesn't refer to the commissions structure.
+: <span style="color: red;><sup>'''4'''</sup></span> The commission structure for Contract #1 is missing something: If the loss ratio exceeds 71%, then the commission should be 19%, but that is not explicitly stated in the question. This doesn't affect the answer, however, since the answer to part (a) doesn't refer to the commissions structure.
 [https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=Freihaut&suffix=Reins&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=all<span style="font-size: 20px; background-color: lightgreen; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''Full BattleQuiz]'''</span> <span style="color: red;">'''You must be <u>logged in</u> or this will not work.'''</span>

@@ Line 95: / Line 95: @@
 |-
 | [https://www.battleacts6us.ca/pdf/Exam_(2015_2-Fall)/(2015_2-Fall)_(26).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style="color: red;">'''(2015.Fall #26)'''</span>
-|| '''self-evident?''': <br> - test risk transfer
+|| '''self-evident?''': <br> - test risk transfer <span style="color: red;><sup>'''4'''</sup></span>
 || <span style="color: brown;">'''reinsurance accounting:'''</span> <br> - conditions to qualify
 || '''pitfalls''': <br> - in risk transfer test
@@ Line 139: / Line 139: @@
 : ''(Note that the final answer of 2.34% is correct however.)''
 [https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=Freihaut&suffix=Reins&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=all<span style="font-size: 20px; background-color: lightgreen; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''Full BattleQuiz]'''</span> <span style="color: red;">'''You must be <u>logged in</u> or this will not work.'''</span>

← Older revision		Revision as of 22:18, 27 November 2024
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	[https://www.battleacts6us.ca/vanillaforum6us/categories/freihaut-reins<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]		[https://www.battleacts6us.ca/vanillaforum6us/categories/freihaut-reins<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
−
−	[https://battleacts6us.ca/video/120_Risk_Transfer_General_(v01).mp4 <span style="color: black; font-size: 12px; background-color: aqua; border: solid; border-width: 2px; border-radius: 10px; border-color: aqua; padding: 5px 10px 5px 10px; margin-top: 100px;">'''(10:00) → Risk Transfer - General Overview'''</span>]

	<span style="display: inline-block; background-color: blue; color: white; font-weight: bold; text-align: center; line-height: 50px; width: 50px; height: 50px; border-radius: 50%;">VIDEO</span> → [https://battleacts6us.ca/video/120_Risk_Transfer_General_(v01).mp4 <span style="color: black; font-size: 12px; background-color: aqua; border: solid; border-width: 2px; border-radius: 10px; border-color: aqua; padding: 5px 10px 5px 10px; margin-top: 100px;">'''(10:00) → Risk Transfer - General Overview'''</span>]		<span style="display: inline-block; background-color: blue; color: white; font-weight: bold; text-align: center; line-height: 50px; width: 50px; height: 50px; border-radius: 50%;">VIDEO</span> → [https://battleacts6us.ca/video/120_Risk_Transfer_General_(v01).mp4 <span style="color: black; font-size: 12px; background-color: aqua; border: solid; border-width: 2px; border-radius: 10px; border-color: aqua; padding: 5px 10px 5px 10px; margin-top: 100px;">'''(10:00) → Risk Transfer - General Overview'''</span>]